Business
Stocks making the biggest moves midday: Nvidia, Logitech, Nikola, Uber, Cleveland-Cliffs and more
NVIDIA President and CEO Jen-Hsun Huang Robert Galbraith | Reuters Check out the companies making headlines in midday trading. KB Home — Shares of the homebuilder ticked 5% lower in midday trading after missing on the top and bottom lines of its quarterly results. KB Home reported earnings of $1.47 per share on revenue of […]
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Trump ‘guilty of numerous’ felonies, prosecutor told Manhattan district attorney as he resigned from probe
Former U.S. President Donald Trump speaks during the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 26, 2022. Octavio Jones | Reuters One of two top prosecutors who resigned over the Manhattan district attorney’s alleged decision to stop heading toward indicting former President Donald Trump for crimes said in a bombshell resignation letter […]
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We went hunting where Bill Miller said to look for bargains and found these stocks
CNBC Pro surfaced stocks that are expected to grow earnings per share, after falling at least 40% from their 52-week highs. Source
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Here’s how to settle your loved one’s estate after they pass away
Arya Akmal. left, with his father Khosrow and son Dmitry in December 2018 at the University of Maryland, College Park. Arya Akmal Settling an estate is not just for the rich. When a loved one dies, someone will have to take care of debts and distribute assets. If the deceased had property — a house […]
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Nio’s outlook will be in the spotlight when the Chinese EV maker reports earnings Thursday
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio’s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – around the world, but they haven’t always been able to power past the supply-chain disruptions that have played havoc with the Chinese […]
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Britain’s P&O Ferries broke the law in laying off 800 staff, boss admits
Three P&O Ferries, Spirit of Britain, Pride of Canterbury and Pride of Kent moor up in the cruise terminal at the Port of Dover in Kent as the company has suspended sailings ahead of a “major announcement” but insisted it is “not going into liquidation.” Gareth Fuller | PA Images | Getty Images The boss […]
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Olive Garden parent’s earnings miss estimates, company lowers fiscal 2022 outlook
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expectations, saying the omicron variant of Covid-19 led to disappointing sales for its Olive Garden chain. The company also lowered its earnings outlook for fiscal 2022, expecting that […]
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How to avoid a 6-figure tax penalty on foreign bank accounts
Chuyn | Istock | Getty Images Whether you’re an expat or U.S.-based, you may need to report your foreign accounts to the U.S. Department of the Treasury by April 15 — or face costly tax penalties. The anti-money laundering Bank Secrecy Act of 1970 requires Americans with overseas assets to disclose holdings via a Report […]
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5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rebound after the Dow’s worst session in weeks Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure […]
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Bank of America downgrades NetApp, says cloud data company has limited upside from here
Analysts downgraded NetApp to neutral from buy, saying investments required for growth at the company will limit its ability to generate operating income. Source
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